The year of 2015 has been extremely volatile for the sterling - euro currency pair exchange rates. At the start of the year, in January, one Pound was worth just over 1.27 Euros - 14 cents lower than now as we head into the last month of the year.

Currency Market News

Our blog is below, to help you understand what's moving currency rates and affecting the cost of your international payments. For some friendly guidance on your own transactions, either for your business or yourself, simply fill in the form above and an FCA-regulated currency broker will be in touch to assist you, without any cost or obligation.

A lacklustre day for Monday saw the UK left without any major data releases, we did see data from Rightmove announcing that house prices were once again on the increase. Up an astonishing 2.6% in April bringing the increase up to 7.3 % yearly. The positive news gave optimism for traders on the currency markets hoping to make small gains on the major currency pairs.

The Eurozone steered the headline figures alongside the US. Eurozone industrial production grew, up by 1.7% in the pervious month. Slightly better than predicted but still a slump on what was meant to support the Euro as it continues to remain under increased pressure dropping from its recent peaks. The US markets opened up to a catch up game with its European partners; firstly US retail sales were posted and much stronger than predicted. Great news to start of the day of trading across the pond and showing that improvements of over 1.1% in March from 0.7% is a significant confidence for traders holding assets with in the US Dollar.

Rolling up our selves for todays trading, we have inflation take up the helm with someone traders predicting a headline rate of almost 1.6% for the UK that would be a drop from last months 1.7%. Instantly putting pressure on Sterling if realised how much low inflation has always historically had a negative impact on the pound. Early afternoon we expect US inflation to be improved on the last month, which could hold the greenback a chance to recover lost ground against the GBP.